Comment Re:"Support" != actually sacrifice for (Score 1) 458
The problem with this theory is that Governments combined (fed/state/local) already make far more revenue per gallon of gas than the "big bad oil companies" do. Many people already make "big oil" into some greedy, mega rich entity that make what they consider 'too much' in profits. However most fail to realize that government profits on gas makes "big oil's" profits look like peanuts.
According to WSJ, Exxon makes about $0.07 per gallon of gas profit, while Government makes about $0.50 per gallon (varies by state/local area). If this is true, the government brings in over 6x the profit from gas as oil companies do already. They do not need more. If "Big Oil" is frowned upon because of it's profit, why does government need even more than they are currently getting? And why do people not demonize them for it in a similar manner?
http://www.wsj.com/articles/SB...
According to WSJ, Exxon makes about $0.07 per gallon of gas profit, while Government makes about $0.50 per gallon (varies by state/local area). If this is true, the government brings in over 6x the profit from gas as oil companies do already. They do not need more. If "Big Oil" is frowned upon because of it's profit, why does government need even more than they are currently getting? And why do people not demonize them for it in a similar manner?
http://www.wsj.com/articles/SB...